The functions of money are?
Money

Quiz
•
Business
•
9th Grade
•
Medium

Dwight Forbes
Used 36+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Pricing, contract, and means of payment
Medium of exchange, store of value, Unit of account.
Medium of exchange and ability to buy goods
Medium of exchange, unit of account, and means of payment.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The $1million dollar price of a car is an example of money as a;
Time deposit
Store of value
Medium of exchange
None of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following can be defined as money;
Credit card
Debit card
Cheques
All of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a disadvantage of the barter system
Difficult to measure value
Easy to store
Is a not a legal tender
All of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following came first in the timeline of money?
Gold
Cowry Shells
Bitcoin
Coins
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anything accepted as a medium of exchange is called?
Paper
Trade
Mioney
Finance
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The feature of money that says it must be identical in size, look and weight is call?
Acceptable
Divisible
Homogenous
Portable
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